Four Take-Aways from CFTC Year-End EnforcementPatomak Post Litigation Support & Enforcement
It Is Wiser to Find Out Than Suppose . . . SometimesPatomak Post Risk Management & Compliance
FinOps Report: Archegos Debacle Prompts Holistic Counterparty Risk ManagementPatomak Analysis Risk Management & Compliance
Joanna Fields recently spoke with FinOps Report about the events surrounding the Archegos Capital Management implosion and offered good practice recommendations on how broker-dealers can evaluate and reduce their counterparty risk using a holistic management program.
A Customized Compliance Fence Is Worth the Effort and InvestmentPatomak Post Risk Management & Compliance
Regulations already exist, but are firms building out compliance programs to navigate them in a way that meets regulatory expectations while also boosting risk monitoring and the bottom-line?
Six Patomak Takeaways Regarding 2021 SEC Division of Examinations Risk Alert on Digital AssetsPatomak Post Risk Management & Compliance
Patomak expects SEC scrutiny of Digital Assets to grow dramatically in the year ahead, and is well-prepared to help firms respond by applying its deep expertise developing compliance programs, including designing controls, conducting risk assessments, and supporting due diligence to ensure that Digital Asset business activities comply with SEC rules and anti-money laundering (“AML”) regulations.
The CFTC Votes to Provide Firms More Time and Clarity Around Initial Margin for Uncleared SwapsPatomak Post Risk Management & Compliance
The Commodity Futures Trading Commission (CFTC) voted 5-0 during its open meeting on May 28 to adopt an interim final rule to extend the September 2020 compliance date (Phase 5) for regulatory Initial Margin (IM) , to September 1, 2021.
Upcoming CFTC Meeting may Bring Margin of ReliefPatomak Analysis Strategy & Advisory
On Thursday, May 28, the CFTC will hold a public meeting to consider extending the compliance schedule for initial margin requirements for uncleared swaps in response to the COVID-19 pandemic, in line with the Global Markets Advisory Committee recent endorsement of subcommittee recommendations.